First Trust Dividend Strength ETF (NASDAQ:FTDS) Short Interest Up 16,880.0% in September

First Trust Dividend Strength ETF (NASDAQ:FTDS) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 84,900 shares, a growth of 16,880.0% from the August 31st total of 500 shares. Based on an average daily volume of 329,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On First Trust Dividend Strength ETF

Several large investors have recently modified their holdings of FTDS. Capital Investment Advisory Services LLC boosted its position in shares of First Trust Dividend Strength ETF by 174.0% during the first quarter. Capital Investment Advisory Services LLC now owns 685 shares of the company’s stock worth $34,000 after buying an additional 435 shares during the period. Disciplined Equity Management Inc. bought a new position in shares of First Trust Dividend Strength ETF during the 2nd quarter worth approximately $48,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Dividend Strength ETF in the second quarter worth $88,000. Truist Financial Corp acquired a new position in First Trust Dividend Strength ETF during the second quarter worth $218,000. Finally, World Equity Group Inc. acquired a new position in First Trust Dividend Strength ETF during the second quarter worth $591,000.

First Trust Dividend Strength ETF Stock Down 0.0 %

FTDS opened at $52.09 on Wednesday. The company has a fifty day simple moving average of $50.76 and a 200 day simple moving average of $49.59. The stock has a market cap of $23.44 million, a P/E ratio of 13.27 and a beta of 1.12. First Trust Dividend Strength ETF has a 12 month low of $40.13 and a 12 month high of $52.41.

First Trust Dividend Strength ETF Company Profile

The First Trust Dividend Strength ETF (FTDS) is an exchange-traded fund that is based on the The Dividend Strength index. The fund tracks an index of approximately 50 US stocks or REITs considered to be well-capitalized and have a history of increasing their dividends. Holdings are selected based on fundamental criteria and equally-weighted within the portfolio.